In May 2012, HP adopted a multi-year restructuring plan designed to simplify business processes, accelerate innovation, lower costs and deliver better results. HP previously estimated that 34,000 positions would be eliminated in connection with the plan. As HP continues to reengineer the workforce to be more competitive and meet its objectives, the previously estimated number of eliminated positions will increase by between 11,000 to 16,000.

To recap: in December, it officially increased the layoff by 5,000 jobs above the 29,000 jobs it had previously announced. (It had already warned it might shed more than 29,000 jobs. But in December, it made that number official).